# Altimeter Capital Management, LP

> Altimeter Capital Management, LP is an SEC-registered investment advisory firm in Menlo Park, CA, registered since 2012, reporting over $5 billion in regulatory assets under management in its Form ADV filing dated March 31, 2026.

- CRD: 160017
- Filed as: ALTIMETER CAPITAL MANAGEMENT, LP
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Menlo Park, CA
- Filing period: October 2026
- Form ADV filing dated: March 31, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/160017
- AdvisorCensus page: https://advisorcensus.com/firm/altimeter-capital-management-lp-menlo-park-ca-160017

## Quick answers

**How is Altimeter Capital Management, LP compensated?**
On its Form ADV (Item 5.E, October 2026), Altimeter Capital Management, LP reports these compensation arrangements: a percentage of assets under its management; performance-based fees. The amounts are in Item 5 of its Form ADV Part 2A brochure.

**Where is Altimeter Capital Management, LP located?**
Altimeter Capital Management, LP's principal office is in Menlo Park, CA, according to its Form ADV; the April 2026 filing also lists 1 other office (Schedule D, Section 1.F).

**Is Altimeter Capital Management, LP registered with the SEC or a state?**
Altimeter Capital Management, LP is an SEC-registered investment advisory firm, registered since 2012. Status as filed: Approved. CRD 160017.

**How much does Altimeter Capital Management, LP manage?**
Altimeter Capital Management, LP reports $18,753,715,687 in regulatory assets under management in its Form ADV filing dated March 31, 2026 (100% discretionary).

**How have Altimeter Capital Management, LP's assets and staff changed since 2021?**
In the Form ADV data for Altimeter Capital Management, LP: Regulatory assets under management: $20,660,083,175 in the October 2021 data and $18,753,715,687 in the October 2026 data, down 9%. Total employees: 24 in October 2021 and 35 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Altimeter Capital Management, LP serve?**
By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (35); sovereign wealth funds and foreign official institutions (1).

**Which custodians does Altimeter Capital Management, LP use?**
Altimeter Capital Management, LP's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Citigroup Global Markets Inc. and Morgan Stanley & Co. LLC as custodians holding 10% or more of its separately managed account assets.

**Does Altimeter Capital Management, LP report any disciplinary disclosures?**
Reports no disclosure items on Form ADV Item 11. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/160017

**What changed in Altimeter Capital Management, LP's recent Form ADV filings?**
In the April 2026 filing data: Employees performing advisory functions went from 12 to 13. Regulatory assets under management went from $12,692,519,548 to $18,753,715,687 (+48%). Added an office in Boston, MA. No longer lists an office in Menlo Park, CA. Updated its list of owners and control persons (Schedule A).

## From the Form ADV filing

### Compensation (Item 5.E)
- A percentage of assets under your management
- Performance-based fees

### Custodians (Schedule D, Section 5.K(3))
- Citigroup Global Markets Inc.
- Morgan Stanley & Co. LLC

Custodians holding 10% or more of the firm's separately managed account assets, as filed on Form ADV (Schedule D, Section 5.K(3)). A custodian holds client assets; it does not endorse or supervise the firm. AdvisorCensus has no relationship with any custodian.

### Regulatory assets under management (Item 5.F)
- Total: $18,753,715,687
- Discretionary: $18,753,715,687
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Pooled investment vehicles (other than investment companies and business development companies) | 35 | $18,037,585,923 |
| Sovereign wealth funds and foreign official institutions | 1 | $716,129,764 |

### Advisory services (Item 5.G)
- Portfolio management for pooled investment vehicles (other than investment companies)

### Firm details
- Registered since: 2012 (14 years)
- Employees: 35 total, 13 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: CA, MA
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Other offices (Schedule D, Section 1.F), as of the April 2026 filing
- Boston, MA

### Websites listed on Form ADV (Item 1.I)
- altimeter.com
- LinkedIn @altimeter-capital
- X @AltimeterCap
- YouTube @UCIrwad_7c54tEweM0YCsfmg

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $20,660,083,175 | 24 | August 30, 2021 |
| October 2022 | $17,950,309,162 | 29 | May 27, 2022 |
| October 2023 | $8,568,002,542 | 23 | March 31, 2023 |
| October 2024 | $10,713,711,121 | 26 | March 30, 2024 |
| October 2025 | $12,692,519,548 | 31 | June 12, 2025 |
| October 2026 | $18,753,715,687 | 35 | March 31, 2026 |

Regulatory assets under management: $20,660,083,175 in the October 2021 data and $18,753,715,687 in the October 2026 data, down 9%.
Total employees: 24 in October 2021 and 35 in October 2026.

## Changes in the filing (last 12 months)

### April 2026
- Employees performing advisory functions went from 12 to 13.
- Regulatory assets under management went from $12,692,519,548 to $18,753,715,687 (+48%).
- Added an office in Boston, MA.
- No longer lists an office in Menlo Park, CA.
- Updated its list of owners and control persons (Schedule A).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Altimeter Capital Management, LP (CRD 160017): Form ADV filing data as of October 2026.